Who owns MR DIY? Here is the figure

Jakarta –

MR DIY is one of the large retail stores that have grown in Indonesia and several other countries providing a variety of products from household needs, office equipment, to accessories.

Even though it has spread and is often found in several shopping centers in Indonesia, there are still many who do not know the number behind the success of this company. Who is this figure?

MR DIY owner figure

According to the official website of MR DIY Indonesia, on Saturday (19/10/2024), MR DIY was founded by Tan Yu Teh and his brother Tan Yu Wei. This company was first established in 2005 on Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia.

Initially the two founders had no experience in the retail sector. Tan Yu Teh, for example, is a physics student who worked as an engineer and stock trader at the beginning of his career.

He is also a philanthropist who supports various charities and causes. It was recorded that in 2020, he donated RM 10 million or the equivalent of IDR 36.2 billion (exchange rate IDR 3,624) to deal with the Covid-19 pandemic.

Looking at Forbes, it is recorded that Tan Yu Yeh and Tan Yu Wei’s family have assets of US$ 1.7 million or the same as IDR 26.4 trillion (exchange rate IDR 15,651). The owner of MR DIY positions himself as the 11th richest person in Malaysia, which has the number of 2,000 stores across Asia and more than 4,000 worldwide.

MR DIY is known to have received several awards, one of which is the World Branding Award (WBA) for the Regional Home Improvement Retail Brand category in 2023. This award is proof of recognition of the leadership of the MR DIY brand in four countries, namely Indonesia, Malaysia, Thailand and the Philippines.

In Indonesia, MR DIY is led by Darwin Cyril Noerhadi who is the President Director. Darwin Cyril Noerhadi is one of the main investors in Indonesia, as well as the founder of the financial company Creador Indonesia.

It is actively involved in various investment transactions in South East Asia and South Asia including Indonesia, Malaysia, India and Vietnam. He has held positions on the board of directors including being the CEO of the Indonesia Stock Exchange, CFO of Medco Energi International Tbk Group, and as a Partner in corporate finance at PricewaterhouseCoopers Indonesia.

This is information regarding MR DIY owner figure, hope this information is useful for Detikers.

(fdl/fdl)